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Mike C

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Review of the InvestEngine, Investment platform:

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Low charges but takes ages to add Tax Relief

InvestEngine has low charges, but takes ages to add Tax Relief (they say 6-11 weeks but it can even be longer). This is SLOW compared to other providers! For instance, my other SIPP provider Wealthify add the tax relief INSTANTLY, so if the fund is growing you get the growth on the tax relief amount immediately and for up to 11 weeks longer than with InvestEngine, which I have found on small deposits (mine are typically £120 - £240 per time, the growth I get with Wealthify is greater than the tiny saving in lower fees with InvestEngine. Reviewed on: 11th February 2026

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